When a person goes through a high-asset divorce, there are always adjustments that will need to be made—both personally and financially. This can be particularly true if one spouse was the primary or sole breadwinner in the family and the majority of the couple's income came from that spouse's earnings.
Traditionally, it is the wife who may be hardest hit financially after a high-asset divorce. Statistics from the U.S. Bureau of Labor Statistics reveal that women only earn 77 cents to every dollar that is earned by men. After divorce, according to the U.S. Census Bureau, a woman's income decreases by almost 40 percent. This can exacerbate an already stressful economic situation.
Women also traditionally have less money in their retirement accounts. Men, on average, have at least 60 percent more funds in their contributed funds than women do. This fact again stresses the need for a skilled legal negotiator during a high-asset divorce.
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